Internet Business Marketing Ideas for Small Businesses

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Making Crucial Startup Decisions

March 29th, 2006 · No Comments

Nivi wonders if there is more money in building websites or creating a software company.

That post got me thinking. How often do we sit down and evaluate the success of our company. If the company is making money, do we sit and think, “Is this enough money?” or “Should the company have grown by 3 employees and no additional revenue?”

I don’t often take a look at my total company figures…I need to more often. I would suggest that you probably need to as well. Get the info from your bookkeeper or you accountant. Whoever has that info needs to be passing it along to you on a regular basis.

For me, I am a picture kind of guy. I want to see charts and graphs and have the percent gains and losses for the previous month, quarter, and year.

If you are like me, find someone within your company to prepare these reports on a regular basis, put them in a binder and deliver them to you on the 3rd working day of the month. The 3rd working day gives them time to calculate the totals from the previous month.

If you find your company isn’t growing like you thought, make some changes and chart that progress as well.

There is more to business than just marketing!

In other news, Apple is turning 30 years old.

Tags: Basics

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